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Syncro Group AB (XSAT:SYNC B) Cyclically Adjusted Book per Share : kr1.63 (As of Dec. 2023)


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What is Syncro Group AB Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Syncro Group AB's adjusted book value per share for the three months ended in Dec. 2023 was kr0.129. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is kr1.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Syncro Group AB's average Cyclically Adjusted Book Growth Rate was -13.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-28), Syncro Group AB's current stock price is kr0.0154. Syncro Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr1.63. Syncro Group AB's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Syncro Group AB was 0.89. The lowest was 0.01. And the median was 0.16.


Syncro Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Syncro Group AB's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Syncro Group AB Cyclically Adjusted Book per Share Chart

Syncro Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.93 1.89 1.63

Syncro Group AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 1.86 1.86 1.77 1.63

Competitive Comparison of Syncro Group AB's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Syncro Group AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Syncro Group AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Syncro Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Syncro Group AB's Cyclically Adjusted PB Ratio falls into.



Syncro Group AB Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Syncro Group AB's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.129/131.9118*131.9118
=0.129

Current CPI (Dec. 2023) = 131.9118.

Syncro Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.777 99.788 2.349
201406 2.489 100.432 3.269
201409 5.277 100.161 6.950
201412 5.248 100.225 6.907
201503 4.573 99.950 6.035
201506 4.037 99.995 5.326
201509 3.713 100.228 4.887
201512 1.812 100.276 2.384
201603 1.576 100.751 2.063
201606 2.074 101.019 2.708
201609 1.692 101.138 2.207
201612 1.272 102.022 1.645
201703 0.711 102.022 0.919
201706 0.528 102.752 0.678
201709 0.637 103.279 0.814
201712 0.308 103.793 0.391
201803 0.000 103.962 0.000
201806 1.000 104.875 1.258
201809 0.605 105.679 0.755
201812 1.018 105.912 1.268
201903 1.002 105.886 1.248
201906 0.905 106.742 1.118
201909 0.799 107.214 0.983
201912 0.448 107.766 0.548
202003 0.816 106.563 1.010
202006 0.421 107.498 0.517
202009 0.028 107.635 0.034
202012 0.026 108.296 0.032
202103 0.059 108.360 0.072
202106 0.398 108.928 0.482
202109 0.591 110.338 0.707
202112 0.632 112.486 0.741
202203 0.574 114.825 0.659
202206 0.522 118.384 0.582
202209 0.501 122.296 0.540
202212 0.491 126.365 0.513
202303 0.383 127.042 0.398
202306 0.328 129.407 0.334
202309 0.148 130.224 0.150
202312 0.129 131.912 0.129

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Syncro Group AB  (XSAT:SYNC B) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Syncro Group AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0154/1.63
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Syncro Group AB was 0.89. The lowest was 0.01. And the median was 0.16.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Syncro Group AB Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Syncro Group AB's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Syncro Group AB (XSAT:SYNC B) Business Description

Industry
Traded in Other Exchanges
Address
Birger Jarlsgatan, Box 168, Stockholm, SWE, 111 73
Syncro Group AB, formerly Gigger Group AB provides a digital platform for recruitment and freelance purpose. The platform provides payroll management services, human resource management services, and other related services.

Syncro Group AB (XSAT:SYNC B) Headlines

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